Concord Company organized in $2020,$ has the following transactions related to intanglbie assets:

$\backslash$table$[[2/22,$Purchased patent $(5$ yoar life$)],[\frac{4}{1}\frac{?}{22},$"Goodwill hpdefinite life$)],[\frac{711}{22},$Acpuired $12$ year franchlse; explinthon date $\frac{7}{1}\frac{?}{2032}$